CNH Industrial (NYSE:CNH) Shares Up 5% on Analyst Upgrade

Key Points

• CNH Industrial shares rose 5% after Robert W. Baird upgraded the stock from neutral to outperform and set a $15 price target. The shares reached $12.42, up from a prior close of $11.83.
• Analyst sentiment remains mixed, with a consensus rating of Hold and an average price target of $12.72; seven analysts rate the stock a buy, five hold, and two sell.
• CNH Industrial exceeded quarterly expectations, reporting $0.13 EPS versus the $0.11 estimate and $4.80 billion in revenue versus $4.77 billion expected. Institutional investors own approximately 59.88% of the company.

CNH Industrial N.V. (NYSE:CNH - Get Free Report)'s stock price was up 5% on Tuesday after Robert W. Baird upgraded the stock from a neutral rating to an outperform rating. Robert W. Baird now has a $15.00 price target on the stock. CNH Industrial traded as high as $12.42 and last traded at $12.4180. 14,472,744 shares traded hands during mid-day trading, a decline of 2% from the average daily volume of 14,792,050 shares. The stock had previously closed at $11.83.

A number of other equities analysts have also recently issued reports on CNH. Evercore set a $12.25 target price on CNH Industrial in a report on Monday, May 11th. Citigroup lifted their price target on CNH Industrial from $12.00 to $13.00 and gave the company a "buy" rating in a research note on Tuesday, August 4th. BMO Capital Markets boosted their price target on CNH Industrial from $11.00 to $12.00 and gave the stock a "market perform" rating in a report on Tuesday, August 4th. Sanford C. Bernstein reaffirmed a "market perform" rating on shares of CNH Industrial in a research note on Tuesday, August 4th. Finally, Weiss Ratings lowered shares of CNH Industrial from a "hold (c-)" rating to a "sell (d+)" rating in a report on Wednesday, August 12th. Seven equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $12.72.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Daiwa Securities Group Inc. increased its stake in shares of CNH Industrial by 0.6% in the second quarter. Daiwa Securities Group Inc. now owns 180,900 shares of the company's stock valued at $2,344,000 after buying an additional 1,100 shares during the period. Bessemer Group Inc. raised its position in shares of CNH Industrial by 4.0% during the first quarter. Bessemer Group Inc. now owns 29,415 shares of the company's stock worth $323,000 after acquiring an additional 1,121 shares during the last quarter. ProShare Advisors LLC lifted its stake in shares of CNH Industrial by 2.6% in the fourth quarter. ProShare Advisors LLC now owns 47,074 shares of the company's stock worth $434,000 after acquiring an additional 1,187 shares during the period. Cloverfields Capital Group LP lifted its stake in shares of CNH Industrial by 1.0% in the first quarter. Cloverfields Capital Group LP now owns 136,220 shares of the company's stock worth $1,498,000 after acquiring an additional 1,304 shares during the period. Finally, Parnassus Investments LLC boosted its holdings in CNH Industrial by 6.7% in the fourth quarter. Parnassus Investments LLC now owns 21,529 shares of the company's stock valued at $198,000 after acquiring an additional 1,355 shares during the last quarter. 59.88% of the stock is owned by institutional investors and hedge funds.

CNH Industrial Price Performance

The firm has a market cap of $15.37 billion, a price-to-earnings ratio of 49.67, a P/E/G ratio of 2.06 and a beta of 1.15. The business's 50-day simple moving average is $10.80 and its two-hundred day simple moving average is $10.92. The company has a current ratio of 12.23, a quick ratio of 10.16 and a debt-to-equity ratio of 3.33.

CNH Industrial (NYSE:CNH - Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.02. CNH Industrial had a net margin of 1.71% and a return on equity of 6.78%. The firm had revenue of $4.80 billion during the quarter, compared to analyst estimates of $4.77 billion. During the same quarter last year, the business earned $0.17 EPS. The company's revenue was up 2.0% compared to the same quarter last year. CNH Industrial has set its FY 2026 guidance at 0.410-0.460 EPS. As a group, research analysts expect that CNH Industrial N.V. will post 0.45 EPS for the current fiscal year.

CNH Industrial Company Profile

CNH Industrial N.V. is a global capital goods company specializing in the design, production and sale of agricultural and construction equipment, commercial vehicles and powertrain solutions. The firm operates through five core brands—Case IH and New Holland for agricultural machinery, Case and New Holland for construction equipment, Iveco for light, medium and heavy commercial vehicles, and FPT Industrial for engines and drivetrain components. Established in 2013 through the combination of Fiat Industrial and CNH Global, the company draws on a rich heritage of innovation dating back to pioneering landmarks in farm and construction machinery from the 19th century.

The company's product portfolio encompasses tractors, combines, balers, excavators, backhoe loaders, trucks, vans and bespoke engines for marine, automotive and industrial markets.

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